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Finance: Afreximbank announces the end of its relationship with Fitch Ratings

02/02/2026
Source : ORISHAS FINANCE
Categories: Sectors

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The African Export-Import Bank (Afreximbank) has Officially ended his relationship with Fitch on Friday, January 23, 2026 Ratings for credit scoring.

The African Export-Import Bank (Afreximbank) ends its relationship with Fitch Ratings, considering that its rating does not reflect plus its mandate and constitutive agreement. This decision follows a examination of this relationship and to Afreximbank's belief that the rating of its credit no longer reflects a good understanding of its constituent agreement, of its mission and mandate.

According to experts, the decision of Afreximbank is explained by strategic and image differences, but also by a desire to strengthen the autonomy of African institutions in the face of Western evaluation standards that are sometimes considered too conservative. At the end December 2024, the Bank had 40.1 billion US dollars in assets and guarantees for 7.2 billion US dollars in equity, while maintaining solid ratings with Moody's, GCR, JCR, and CCXI.

Despite the end of his relationship with Fitch Ratings, Afreximbank reaffirms the strength of its business, supported by its African shareholders and the guarantees provided for in its constituent agreement, underlining the robustness of its governance and operational framework.

noted that the African Export-Import Bank (Afreximbank) is a dedicated pan-African multilateral financial institution to the financing and promotion of intra and extra-African trade. She has been deploying innovative structures for 30 years to provide solutions for financing that facilitates the transformation of the trade structure African and are accelerating industrialization and intraregional trade, thus supporting economic expansion in Africa.

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